1524 Coast Hwy 101
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1524 Coast Hwy 101

C

Encinitas, CA 92024

$2,199,000

Beds

Baths

Sqft

8,319

Year Built

1927

Days on Market

13

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

NDP2605538

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

Live the Leucadia Dream! OPEN WEDNESDAY JULY 1st 10:30-1:00 pm Rarely available in North Leucadia, this exceptional property offers 8,000+ sq. ft. of highly usable, buildable land with endless possibilities for expansion, redevelopment, or creating your dream coastal compound. The property currently features two income-producing studio units, providing immediate cash flow while you plan for the future. Located just minutes from beaches, restaurants, and the vibrant Leucadia lifestyle, this is a unique opportunity to secure valuable coastal real estate with both current income and outstanding upside potential. Leucaadia is one of the top 10 most desirable communities in all of San Diego County. Build. Invest. Dream. Leucadia awaits.

Mortgage Calculator

Est. Monthly Payment

$13,960

Principal & Interest$11,119
Property Tax$2,199
Insurance$641
%($439,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,117
Monthly Cashflow

Rent − PITIA

$-7,842
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,082

Mortgage (P+I)
$11,119
Cap Rate
0.02%
Cash-on-Cash
-30.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$20,509

NOI (Annual)
$451
Price-to-Rent

Lower = better for investors

30.0

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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